Bulls and Bears of The Coming Weeks

Bulls:
1) Malaysia GDP revised up again
2) Strengthening RM signifies demand
3) Thailand Problem may be a good thing for its neighboring countries
4) Greece Problem close to an end

Bears:
1) Strengthening RM hurting exports
2) US civil lawsuit against Wall Street giant Goldman Sachs (may be more to come, thanks to Michael Moore, you are my hero)
3) China asset bubble worry some analysts
4) World Cup is approaching (Investors may swtich to gamble on the game than investing in stock market in June)


My TITAN holding had been reduced to 150 lots (RM18K) from 200 lots on Friday due to strengthening ringgit that may hurt export very bad. Monday morning could be a good time to buy in some stocks if it drops a lot. Buy those with strong dividends at this forthcoming volatile week ahead. Have a nice weekend!

My Love for Titan

Titan Chemicals (5103, Main Board) announced on the 22nd of March that it applied with Bursa for a relaxation in dividend payment restriction and got approved in 25th three days later with a tax exempt dividend of 4.5 cents to be announced soon. The coming GM will have the date announced on the 27th of April.

It is expected to rise 4.5 cents on the date of announcement on the 27th of April. I currently hold 20 lots of the stocks. I like this company (temporary) as it tries to distribute more dividend. There may be underlying hidden agenda but for now it is a good place to put my money in. With 4.5 cents of downside protection, it is worth the money. 4.5 cents of current price of 1.22 yielded a 3.7% potential gain in short term has rendered a temporary love for this stock. Falling in love in stock is not a good strategy, I would say it is just a crush, a crush on the coming dividend.

In stock market, don't get emotional or fall in love. It has to be reasoned and well thought of.

We'll see if this TITAN can win over my love before the announcement on the 27th. There are still two more weeks. A lot of things can happen within these two weeks. Go! TITAN! Go!

Squeezing the Orange

Bursa is being squeezed for the last drip of orange juice. One can see the low PEs counters were being rotationally pushed up to reach the PE level they deserve. For example, MPHB, FAVCO, ANALAB, KFIMA, etc. These are the counters I like due to their low PEs. Unfortunately, due to hectic schedule, no buying was done previously.

This is very obvious that the market is looking for catalysts to buy in more stocks. As predicted, some try to push up rubber stocks in some forums due to re-emergence of H1N1 in Malaysia. Such act is immature but also anticipated. Shouldn't we care more about our hygeine than speculating on the glove usage? In fact, glove and H1N1 are not related. Public don't use glove to prevent themselves from H1N1. They use masks instead.

Hi! H1N1! You are not welcome back. Please leave as soon as you can.